Following today’s results we have adjusted our price target for Allied Minds today to reflect the lower NAV. With the stock trading on 0.75X book and with Federated Wireless in our view being potentially worth at least the whole market capitalization we retain our BUY rating with a new price target of 175p (210p)
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Allied Minds FY results
Following today’s results we have adjusted our price target for Allied Minds today to reflect the lower NAV. With the stock trading on 0.75X book and with Federated Wireless in our view being potentially worth at least the whole market capitalization we retain our BUY rating with a new price target of 175p (210p)